Schwab U.S. Mid-Cap ETF $SCHM Stock Acquired by Compass Financial Group INC SD

Compass Financial Group INC SD grew its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 35.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 174,726 shares of the company’s stock after purchasing an additional 46,177 shares during the period. Schwab U.S. Mid-Cap ETF makes up approximately 0.6% of Compass Financial Group INC SD’s portfolio, making the stock its 21st biggest holding. Compass Financial Group INC SD’s holdings in Schwab U.S. Mid-Cap ETF were worth $5,944,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SCHM. Fragasso Financial Advisors Inc raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 0.7% during the third quarter. Fragasso Financial Advisors Inc now owns 2,888,481 shares of the company’s stock valued at $100,086,000 after buying an additional 20,487 shares during the last quarter. Avior Wealth Management LLC acquired a new position in Schwab U.S. Mid-Cap ETF during the 3rd quarter valued at about $13,366,000. Armstrong Advisory Group Inc. raised its position in shares of Schwab U.S. Mid-Cap ETF by 6.4% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 26,587 shares of the company’s stock worth $904,000 after buying an additional 1,597 shares in the last quarter. Marquette Asset Management LLC acquired a new position in shares of Schwab U.S. Mid-Cap ETF during the third quarter valued at approximately $2,562,000. Finally, Wedmont Private Capital lifted its position in Schwab U.S. Mid-Cap ETF by 31.5% in the third quarter. Wedmont Private Capital now owns 39,831 shares of the company’s stock worth $1,373,000 after purchasing an additional 9,550 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Down 0.3%

SCHM stock traded down $0.10 during trading hours on Tuesday, hitting $34.41. 1,215,039 shares of the stock traded hands, compared to its average volume of 1,439,090. The stock has a 50-day simple moving average of $35.33 and a 200 day simple moving average of $34.76. Schwab U.S. Mid-Cap ETF has a one year low of $28.25 and a one year high of $36.92. The company has a market cap of $14.53 billion, a P/E ratio of 18.83 and a beta of 1.05.

About Schwab U.S. Mid-Cap ETF

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.